In Friday’s Wall Street session, Coupang Inc (NYSE:CPNG) shares traded at $28.40, up 28.55% from the previous session.
CPNG stock price is now 0.70 away from the 50-day moving average and May 06 AMC away from the 200-day moving average. The market capitalization of the company currently stands at $51.84B.
With the price target maintained at $28.50, Deutsche Bank recently Upgraded its rating from Hold to Buy for Coupang Inc (NYSE: CPNG). On October 07, 2024, Bernstein Upgraded its previous ‘Underperform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $30, while ‘CLSA’ rates the stock as ‘Outperform’
In other news, SVF Investments (UK) Ltd, 10% Owner sold 10,000,000 shares of the company’s stock on Jun 13 ’25. The stock was sold for $282,500,000 at an average price of $28.25. Upon completion of the transaction, the 10% Owner now directly owns 309,542,259 shares in the company, valued at $8.79 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 13 ’25, Shareholder SVF Investments (UK) Ltd bought 10,000,000 shares of the business’s stock. A total of $283,100,000 was incurred on buying the stock at an average price of $28.31. A total of 31.59% of the company’s stock is owned by insiders.
During the past 12 months, Coupang Inc has had a low of $18.16 and a high of $29.12. As of last week, the company has a debt-to-equity ratio of 0.90, a current ratio of 1.60, and a quick ratio of 55.27.
The net profit margin was 0.82% and return on equity was 6.06% for CPNG.
